Şule Enerji WEPP Bundle
#1534of 1935 in Renewable energy#40of 75 in TR#79of 154 in Intl. Carbon Registry (ICR)#1171of 1287 in ACM0002
Audit Analysis
The Şule Enerji WEPP Bundle is a pre-implementation renewable energy project (crediting period begins April 2026) registered in ICR using the ACM0002 V22 methodology. The design is structurally sound — jurisdictional baseline, avoidance-type credits with no reversal risk, and a reasonable 0% leakage deduction — but critical details such as the energy source, verification body, and FNRB are absent from the available record, limiting confidence in the ~1.1 MtCO2e lifetime claim.
Red Flags
- Energy source is not stated in any available document despite the project being classified as renewable energy under ACM0002
- No verification body (VVB) is identified, and additionality verification by a VVB is not confirmed
- CORSIA eligibility and CCP status are both unstated, leaving double-claiming risk unassessed
- Internal contradiction within the PDD regarding whether benefit sharing is described
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2026 | 82,550 | 0 | 82,550 | |
| 2027 | 109,567 | 0 | 109,567 | |
| 2028 | 109,567 | 0 | 109,567 | |
| 2029 | 109,567 | 0 | 109,567 | |
| 2030 | 109,567 | 0 | 109,567 | |
| 2031 | 109,567 | 0 | 109,567 | |
| 2032 | 109,567 | 0 | 109,567 | |
| 2033 | 109,567 | 0 | 109,567 | |
| 2034 | 109,567 | 0 | 109,567 | |
| 2035 | 109,567 | 0 | 109,567 | |
| 2036 | 27,017 | 0 | 27,017 | |
| Total | 1,095,670 | 0 | 1,095,670 |
Risk Indicators
Combined test in PDD but VVB confirmation not found
Avoidance-type, irreversible, no reversal events
0% deemed negligible, reasonable for grid-displacing renewables
Jurisdictional grid EF used, but energy source and reassessment timing unstated
FPIC conducted, grievance mechanism present, safeguards documented
CORSIA and CCP status both unstated; dual-channel risk unassessed
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